July starts with a bang: Controversies, populist measures and much more

In their highest monthly outflow, overseas investors pulled out a record Rs 44,162 crore (over USD 7.5 billion) from the Indian capital markets this month amid concerns over the depreciating rupee. The net investments withdrawn in June include outflows worth about Rs 33,135 crore (USD 5.7 billion) from the debt securities and another Rs 11,027 crore (USD 1.85 billion) from equities, data available with market regulator Sebi showed.